Baldwin still clinging to life

Billbrpt@AOL.COM Billbrpt@AOL.COM
Tue, 1 May 2001 21:33:02 EDT


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Baldwin Piano names Kenneth Pavia as chairman
  
MASON, Ohio, April 30 (Reuters) - Piano maker Baldwin Piano & Organ Co. <<A HREF="aol://4785:BPAO">
BPAO.O</A>> on Monday said it named Kenneth Pavia to succeed Karen Hendricks as 
chairman of its board. 

Earlier this year, Hendricks announced her intention to resign as chairman 
and chief executive officer. 

Pavia is general partner of the Bolero Investment Group, a limited 
partnership that owns 13 percent of Baldwin's outstanding shares, Mason, 
Ohio-based Baldwin said in a statement. 

The company announced the appointment of Robert Jones as CEO on April 27. 
Jones had previously served as executive vice president, general manager and 
chief operating officer of Samick Music Corp., a maker of pianos, guitars and 
professional audio systems. 

Stock quote for today:

BPAO - BALDWIN PIANO & ORGAN
Exchange:   Nasdaq NM
Delay:  at least 15 minutes
Last Price: 2.24 at 15:52 EDT
Change: Up 0.39 (+21.08%)
High:   2.24 at 9:30 EDT
Low:    1.96 at 13:06 EDT
Open:   2.24 
Previous Close: 1.85 on 4/30

Bill Bremmer RPT
Madison, Wisconsin

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